Key takeaways from the Fed’s decision to hold rates steady
WEBJan 30, 2024 · The Federal Reserve held interest rates steady Wednesday for the fourth-straight meeting, keeping its benchmark lending rate at a 23-year high, as Wall Street eagerly awaits rate cuts sometime ...
Federal Reserve issues FOMC statement
WEBJul 31, 2024 · The Committee is strongly committed to returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook.
Federal Reserve issues FOMC statement
WEBSep 22, 2021 · The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation ...
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · Jeanna Smialek. What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid...
Fed leaves rates unchanged, flags 'lack of further progress' on ...
WEBMay 2, 2024 · WASHINGTON, May 1 (Reuters) - The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on...
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
WEBNov 1, 2023 · The Federal Open Market Committee, the Fed committee that sets monetary policy, has reached unanimous policy decisions nearly every meeting this entire rate-hiking cycle that began in...
Federal Reserve on track to cut rates this year, Powell says | AP News
WEBFeb 4, 2024 · WASHINGTON (AP) — Chair Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates three times this year, a move that’s expected to begin as early as May.
Live: Fed’s Powell Testifies Before US Senate on Monetary Policy
WEBJul 9, 2024 · Here are five key takeaways from Federal Reserve Chair Jerome Powell’s testimony before the US Senate Banking Committee on Tuesday: Powell left the Fed’s options open on when the central bank...
Fed shifts into cautious policy mode as risks become more two …
WEBWASHINGTON, Nov 21 (Reuters) - U.S. Federal Reserve officials agreed at their last policy meeting that they would proceed "carefully" and only raise interest rates if progress in controlling...
Text of the policy statement the Federal ... - Associated Press News
WEBJul 31, 2024 · The Committee is strongly committed to returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook.